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Book Summary: The Managerial Revolution: What is Happening in the World
Burnham has real intellectual courage, and writes about real issues.' - George OrwellBurnham's claim was that capitalism was dead, but that it was being replaced not by socialism, but a new economic system he called quotmanagerialismquot rule by managers.Written in 1941, this is the book that theorised how the world was moving into the hands of the 'managers'. Burnham explains how Capitalism had virtually lost its control, and would be displaced not by labour, nor by socialism, but by the rul